TIDMRPT

RNS Number : 1760K

Regal Petroleum PLC

12 December 2018

12 December 2018

Regal Petroleum plc

("Regal" or the "Company")

Shareholding Restructure by Majority Shareholder

Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group, notes the shareholder notifications published today from each of Energees Management Limited and Pelidona Services Limited detailing changes to their respective shareholding interests in the issued share capital of the Company.

The Company has been advised by Energees Management Limited and Pelidona Services Limited that these changes are due to an internal restructuring and do not affect the ultimate beneficial ownership of this shareholding in the Company.

Energees Management Limited is wholly owned by Pelidona Services Limited, and the changes to their respective shareholding interests reflect the transfer by Energees Management Limited of its entire shareholding in the Company of 173,128,587 ordinary shares (representing 54% of the issued share capital of the Company) to its immediate parent, Pelidona Services Limited.

Following this transfer, the chain of ownership relating to this shareholding in the Company is Pelidona Services Limited, which is 100% owned by Lovitia Investments Limited, which is 100% owned by Mr Vadim Novinskiy.

For further information, please contact:

 
 Regal Petroleum plc                         Tel: 020 3427 3550 
 Chris Hopkinson, Chairman 
  Sergii Glazunov, Chief Executive Officer 
 
 Strand Hanson Limited                       Tel: 020 7409 3494 
 Rory Murphy / Richard Tulloch 
 
 Citigate Dewe Rogerson                      Tel: 020 7638 9571 
 Nick Hayns / Elizabeth Kittle

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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December 12, 2018 02:30 ET (07:30 GMT)

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